How does the zero-sum theory of mercantilism and war affect the long-term costs for people in the world of cryptocurrencies?

1 answers

• Nov 25, 2021 · 3 years ago
  At BYDFi, we believe that the zero-sum theory of mercantilism and war can have both positive and negative effects on the long-term costs for individuals in the world of cryptocurrencies. On one hand, the competitive nature of the theory can drive innovation and efficiency in the market, leading to lower costs for individuals. On the other hand, it can also create a volatile and unpredictable environment, increasing the risks and costs associated with participating in the cryptocurrency market. It is important for individuals to carefully consider the potential consequences of this theory and make informed decisions to mitigate risks and maximize their long-term gains.
  676338